8 Overlook Road
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 4, 2024 | Sold | ||
| Sold | |||
| May 22, 2024 | Listed by Classified Realty Group | $699,900 | |
| Listed by Classified Realty Group | |||
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Multiple offers, showings suspended. This timeless COLONIAL awaits a discerning buyer, eager to build substantial equity. Nestled in this highly sought-after Greenwood neighborhood, conveniently located near the Melrose Heights COMMUTER RAIL, Whole Foods & DOWNTOWN Melrose. ENCLOSED FRONT PORCH, an idyllic spot for leisurely summer days. Welcoming foyer leads to a large family room, boasting a majestic FIREPLACE flanked by built-ins and a candle stick window. The dining room offers views of the verdant yard, ideal for entertaining. Abundant light & HARDWOOD FLOORS throughout. Kitchen & 1st floor bath awaiting your creativity. Upstairs, 4 bedrooms, one featuring an attached sunroom/office/reading room. Walk-up attic presenting endless possibilities: a primary suite, a teen or family room, or a home office. A composite deck provides views of the expansive partially fenced in yard. Two-car garage completes this picture. Visit, envision the potential and seize this opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017